ShareTheWinnings Review: Jeremy Duncan’s 4th pyramid
ShareTheWinnings operates in the gaming MLM niche.
Heading up the company is Jeremy Duncan, who cites himself as ShareTheWinnings’ owner.
Duncan’s FaceBook profile locates him in the US state of Indiana.
As far as his own launches go, we have M80 Advertising in early 2023 and The Rocket Recruiter circa April/May 2023.
Both M80 Advertising and The Rocket Recruiter are MLM pyramid schemes bundled with advertising and digital products.
M80 Advertising and The Rocket Recruiter collapsed shortly after launch. This prompted Duncan to launch My Traffic Powerline in August 2023.
Website traffic tracking from SimilarWeb reveals My Traffic Powerline collapsed in Q4, 2023.
In September 2023 there were ~860,000 monthly visits to My Traffic Powerline’s website. By November 2023 this plummeted to ~166,000.
As My Traffic Powerline was collapsing, Duncan registered ShareTheWinnings’ website domain on September 29th, 2023.
This marks the fourth MLM launch of Duncan’s since he popped up on BehindMLM’s radar last year.
Read on for a full review of ShareTheWinnings’ MLM opportunity.
ShareTheWinnings has no retailable products or services.
Affiliates are only able to market ShareTheWinnings affiliate membership itself.
ShareTheWinnings’ Compensation Plan
ShareTheWinnings affiliates pay $20 and then $60 a month. Commissions are paid on recruitment of affiliates who do the same.
ShareTheWinnings affiliates receive $20 per affiliate the recruit.
Referral commissions are paid monthly, as long as recruited affiliates continue to pay $60 a month.
ShareTheWinnings’ pays residual commissions via a 3×10 matrix.
A 3×10 matrix places an affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix. The second level of the matrix is generated by splitting these first three positions into another three positions each.
Levels three to ten of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.
Positions in the matrix are filled via direct and indirect recruitment of ShareTheWinnings affiliates.
Residual commissions are paid as 60 cents a month per affiliate recruited into the matrix.
ShareTheWinnings affiliates earn a 5% check match bonus on ten generations of recruitment.
ShareTheWinnings affiliate membership is $20 and then $60 a month.
M80 Advertising, The Rocket Recruiter and My Traffic Powerline are all a recycled script purchased from Automatic Web Software (dba Direct Sales MLM Software).
My name is Jim Symonds, creator of Automatic Web Software, which has powered some of the who’s who of the big MLM programs of the last few decades. We’re best known for reverse 1-ups, 2-ups, and 3-ups.
We can also support configurations for 1 tier, 2 tier, 1×2 matrix, 1×3 matrix, 2×2 matrix, 2×3, 2×10 matrix systems and more.
Not surprisingly, ShareTheWinnings is yet another reboot of the same script.
This time around Jeremy Duncan has attached his pyramid scheme to “playing the lottery”.
Buying a ton of lottery tickets individually? Not feasible.
But, at ShareTheWinnings, we’ve revolutionized the way you play the lotto, making it smarter, more exciting, and more rewarding!
ShareTheWinnings affiliates have to choose Mega Millions lottery numbers each month.
Whether ShareTheWinnings actually buys tickets is unclear but they claim if they do win
- the affiliate who chose the numbers receives 10% of the winnings and
- 10% is paid upline across nine levels of recruitment
Either way, attaching a lottery syndicate to a pyramid scheme doesn’t make the pyramid scheme legal.
With nothing marketed and/or sold to retail customers, ShareTheWinnings operates in violation of the FTC Act.
As with all MLM pyramid schemes, once affiliate recruitment dries up so too will commissions.
Affiliates who purchase an annual subscription are locked in, but monthly subscriptions will stop getting paid as commissions stall.
Once enough monthly subscriptions stop, ShareTheWinnings will collapse.
Looking at Duncan’s previous pyramid schemes, they seem to last barely a few months before collapsing.
Math guarantees that when a pyramid scheme inevitably collapses, the majority of participants lose money.